Renko EA

MQL4 Experts

Job finished

Execution time 13 days
Feedback from employee
Thanks a lot
Feedback from customer
Super job, fast and accurate!

Specification

Hello!
I need a simple robot based on renko indicator. It should be indicator not renko offline chart, because I want to test it on tick data suite and I have experience with renko offline chart, it is not accurate on tester. Also renko should be asymetric because normal renko will overwrite data. Here is picture of renko asymetric chart:

asymetric renko

Function of this EA is easy. It should open every renko bar at the renko direction or only first or second and so on. I post video here about similar EA:

https://www.youtube.com/watch?v=HkC7D6yCSkw&t=114s

NB! This EA opens every bar but is not asymetric renko. Function of it is the same. What is missing there is possibility to open only one trade at the time.

Inputs:

TP, SL, trailing SL 

Possible to put SL and TP to 0, then closes trades when opposite renko candle appears.

3 MAs, on/off every MA

Supertrend/halftrend indicator, what shows direction on/off

Renko bar size must be changeable

Close on opposite candle on/off

Number of candles to get in trade (off when put open in every candle mode)

Open trade on 1st, 2nd, ........ every renko candle

Slippage, spread

Start trading time on/off

Stop trading time on/off

Move SL to 0 at _pips on/off

Fix lot/% from equity

Example of indicators:

https://www.mql5.com/en/code/9839 Renko

https://www.mql5.com/en/code/9498 Renko

https://www.mql5.com/en/code/15563 Renko

Added supertrend and MA too, but these are just examples, if you can do same thing with other indicators then it is fine


Also it would be great if there would be panel like this:

panel

Also waiting for developers opinion what to add there or what to do better.

Before I need to test it few hours on demo and then backtest it. It is important that all those parameters are optimizable and backtest mostly give same results as on demo and live.

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Published: 163 articles, 4 codes
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Project information

Budget
30 - 500 USD
Deadline
to 5 day(s)